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9-Unit Apartment Building with Garages
New
For Sale
$1,200,000

99 E Lincoln Street, Normal, IL 61761

The fully occupied property offers garage parking alongside its apartment units.

Property SizeContact for details
Days on Market2

Property Features for 99 E Lincoln Street

General Information

Standard status Active
Property subtype Commercial
Occupancy 100%

Additional Details

Multifamily Units 9

Amenities

garages

Building Details

Year Built 1991
Buildings 1
Listing Agency: Coldwell Banker Real Estate Group
Listed By: Greg Zavitz · License #MRD970158
Source: Captivaterealestategroup
Added: Oct 12 Changed: Oct 13 Last Checked: Oct 13 at 2:24AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Real Estate Group

Investment Insights

Based on property information with market context.

This 9-unit apartment building was constructed in 1991 and includes garages. All units are currently rented. The property is located next to Constitution Trail in Normal, Illinois.

Key Highlights

  • 9 apartment units
  • Garages included
  • Fully rented

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Auto Parts Store Skin Care Clinic Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

9
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

455
Businesses Nearby

Demographics for 61761, IL

53,045
Population
22,037
Households
2.4
Avg Household Size
28
Median Age
52%
College-Educated
98%
High-School Grad
42.6 sq mi
ZIP Area
1,245
Density / Sq Mi
$66,642
Median Household Income
$28,606
Median Earnings
$976
Median Rent
$200,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - The fully occupied property offers garage parking alongside its apartment units.
Where is this apartment building located?
The property is located at 99 E Lincoln Street Normal, IL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 9 apartment units; Garages included; Fully rented
More about this property
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